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Search Results 64 to 100 of about 117 (some duplicates have been removed)
. the main growth engines are firstly china, which will grow at about 8%. the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at least deliver some of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier this month. she is bei
. china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and
their livelihoods when the factory across the street from us closes their doors in november, movinr,to china, taking around 170 jobs with them. >> the bain capital board has made their decision. the cdo has made his decision. -- ceo has made his decision. we believe the only person in the world who can stop these jobs from the move is mitt romney. >> in the latest sign of global warming, guys in the arctic has shrunk to its smallest area since record-keeping began. >> there are people who rely on the arctic ocean. if the ice melts, it is a scary thought. it is who we are, is where the animals migrate. my elders, the community elders rely on their vitamins, the traditional foods that the ocean supplies. >> i'm sorry, i will stop the subsidy to pbs and other things. i love big bird, i like you, too, but i'm not going to keep on spending money to borrow from china to pay for. >> labor protests against the largest private employer, walmart, is expanded to 28 stores in 12 states. organizers describe the action as the first retail workers' strike in walmart's history. >> i work in the warehouse in illinoi
. but the president is negotiating with the wrong people. he needs to be negotiating with our bond holders in china. because if we don't put a creditable plan on this, on the discussion, ultimately, we all lose. >> you got your colleague debbie stabenow, on the your screen as well, can you say quickly what it is going to take? >> well, we got to quit playing the game, george, you can't continue to lie to the american people, there is no way to fix medicare under the guidelines of aarp that our tax dollars are now advertising to say not fix it. the way we can fix it is to control the cost. the way to control the cost is to have more individual participation. there's a lot of ways to do that. you can't play the game and hide. medicare and social security and medicaid if those aren't fixed if we're not honest about how to fix them and the fact, that, yes, everybody in this country will have to participate in some discomfort if we're going to get out of this hole. as long as we continue to lie to the american people that you can solve this problem without adjusting and working on those programs it is d
? >> by the way, on that china point, wind energy relies on precious metals, rare either metals and china is the chief production of that. some analysts say we'll be more reliant as we go more and more wind power, more reliant on the chinese mining industry to get rare earth metals that we need, rare earth metals. sandra: what are we doing here? the taxpayers have got to question this. this is their hard-earned dollars at work. the vetting process by the obama administration has not been all that great when investing in these companies. >> no. we've seen 80% of companies had ties with democratic donors with obama, connections, cronyism. wind produces 2.3% of the electricity. 1.3% of the global electricity. this is something that is, this was the, energy of the future back in the 1970s, 35 years ago. and it hasn't produced. every year they extend, not every year but extend the production tax credits for the wind power and the bottom line is, the wind power, always say prosperity is just around the corner. self-reliance is just around the corner. it doesn't happen. whoo we're seeing more an
to year. it is hard to estimate countries like china because they are now pricing things the same way. they have large land forces and they are not deployed across the world. submarines and missiles. china is probably number one on the list. host: this from twitter. guest: that refers to overseas contingency operations. this is a fund that paid for the wars in iraq. it is about $88 billion in that account. there is a pentagon and washington funny math. some people say if the project out, we will save all this money. i wrote a report about saving $1 trillion. most of our troops will be out of afghanistan by 2014. nobody expects it will spend this level of money going out the long term in the future. so the $1 trillion in savings is money we would not have spent anyway. there are some built-in drawdowns in the defense department. in.se were built an about $487 billion over 10 years. they are coming back down. about 100,000 or so and they are built into the system. the pentagon is looking at things that way. host: roger in texas, republican caller. go ahead. caller: i am amazed i got thr
. if you look at the facts, 32% of our manufacturing base has been gutted and sold to china, india, any foreign country that has cheap labor. the top patriotic american companies are parking their profits and offshore accounts so they do not have to pay a fair share of their taxes. the bottom line is since the late '70s, the wealthiest 2% in this country are making 25 times their wealth that they made a black -- back then. there are only paying 40% more in taxes. this country is doomed if we do not start putting terrace of the imports coming into this country. the republican party is selling you an outright lie. thank you. host: let's show you a facebook posting. the economist and professor at the university of maryland will be with us and about 25 minutes or so. he will take your calls and give you his economic outlook for 2013. he has written a lot on the matter. from west virginia, independent. caller: is, sir. i would just like to say that i am not very optimistic above the future of the united states right now. we are in so much that it is pathetic. our budget is way over. this pre
vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby ending the -- entering recession by cutting, cutting, cutting -- volcker as the head of the fed at a different idea. we are going to expand our dominance and are well by -- and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of hours. -- ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is came over. -- game over. but if you are the united states of america and there are certain -- and you have the
not create any jobs. as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investme
? the chinese and russians don't help us on sanctions. they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it on a
] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to squawk. happy monday. today in the "wall street journal" suggesting netflix could end up doomed with its success with children. netflix just for kids get more popular. companies like viacom get accurate. companies provide netflix with most of its content in a kids' focused section. the journal says at some point the suppliers will probably want to charge netflix more or they might even stop selling to netflix. that's been a huge problem for them when it comes to contend more broadly. >> time for the global markets report. kelly evans standing by in london. you rise above over
with china. he goes into panama, in december '89 -- never forgot that because i had -- born on the 4th of july was opening that day, and the american people loved it. they backed the invasion. it was our backyard, it was a war on drugs and that was new issue now. communist had been forgotten. noriega was the new stalin, and then a year later, we had this iraq 1, and that's another untold story. iraq 1 was really depressing when you go into all the false intelligence and the doctoring of the photos. do you want to tell us about that? it breaks my heart personally, and as a veteran of the vietnam war, i see the next ten years we drift. we don't take advantage of the possibles with the soviet union, to keep it stable. we privatize with russia and then by the time the bush 43 comes in, it's not only squandered but the nightmare begins. so it's heartbreaking. >> did you want to comment? >> we see it as a lost opportunity. there's a lot of lost opportunities in the 20th 20th century, in march 5, 1965, when stall yip dies, the stove yet leaders reach out the united states and talk about endin
around the world, china is a huge creditor. we owe them over a trillion, we'll japan over a trillion. governments are holding on to this debt. you know, there is a story. i forget where it was run that mentioned from the peak of the housing double until now they said the average american household net worth was down about 40%. it's actually down a lot more than that when you factor in each share of the debt that has been accumulated in their name by the federal government. so americans are basically already broke. that's why we have to just admit that we are insolvent because the american families cannot repay the money that's been borrowed in their name. so we admit that we are insolvent. greece imposed a hair cut at 50% of the bondholders. we tell people that have one-year treasury bills we can't pay you back in a year. you have to extend the maturity beebee ten years. america has to tell people who are collecting social security right now or who are expecting to collect it they aren't going to get as much money as they were promised. we have to cut the pensions of the retired amid
in essence would serve as sanctions on iran but the point is that china needs to be pressured to stop the loophole in the system internationally that is being created to keep iran from the centrifuge program, and that effort overtime has had tremendous success, and with more and more sanctions it has been more successful. more purchase is stopped, more interdictions and more trouble for iran to make progress on the gas centrifuge program. >> in terms of the nonproliferation program, and david is emphasizing some of the holes that exist particularly in the export controls and the lack of enforcement of existing sanctions legislation what is your assessment of the u.s. nonproliferation program or what can be done and should be done? >> when you hear the sanctions, those are all the things we try to do. and so, there are four things that can be done to force things to have better training in the region if you will, but we also need to look at the demand side as well. what drives the countries to proliferate and then how do you also built in that notion of a non-proliferation, how do you
. what if everyone in china had two cars and a swimming pool? that is not sustainable. the reason we cannot make any political progress is we have this cognitive dissonance. at the beginning of the session assayed save your money and consume more. at the same time. amazing. we have got to get beyond an economy that is predicated on unlimited, increasing amounts of consumption was no end in sight. the end is in sight. maybe if we have to cope with the reality for awhile longer, we can be more intelligent. >> on that note, we have to wrap up. one of the things that intrigued me with these kinds of situations is that ideas are very -- is very scarce resource and we have to think about maximizing and amplifying ideas. that is so incredible. the idea of possibility is so, i think, important to celebrate. when i say possibility, if people say you cannot do that and cannot do this and cannot think that, people are like -- there is a [inaudible] at work. we have to rebuild a new economy. above all, the fact that you're right. if we do not do it the planet will do it for us. i will leave it a
. but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was in really good shape. >> where did that drive? how did that drive? where do you get that drive? >> we were talking earlier about the role of parents. when you had mentioned the tiger mom or the tiger parents, we did not have tiger parents. they were there to support me and be there in times when i needed a push culminated motivation. it is just one of those things when you have a passion and a vision. you do not see anything else. that is what drives you every day. >> you just got engaged. are you going to be a tiger mom. [laughter] >> looking at the way i was raised with a set of rules and just the way my
market news, a lot of talk about china this morning. a final reading of hsbc's manufacturing purchasing manager's survey for china rising in november, first time above the key 50 mark which indicates expanding rather than contraction. it's been since october of last year. also abroad greece announcing it will buy back bonds through a dutch auction. the set up whether allow athenss to assess the level of demand before setting a final bryce for the deal. part of the country's efforts to cut its about a along debt. and in germany, merkel is not ruling out the possibility of notifying greece some of its debt once athens finances are in better shape. angela merkel told a german tabloid that the question of the so-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens
expensive to do business in countries like china. our workers have become even more productive. our energy costs are starting to go down here in the united states. and we still have the largest market. so when you factor in everything, it makes sense to invest here, in america. and that's one of the reasons why american manufacturing is growing at the fastest pace since the 1990s. and thanks in part to that boost in manufacturing, four years after the worst economic crisis of our lifetimes, our economy is growing again. our businesses have created more than 5.5 million new jobs over the past 33 months. so we're making progress. [applause] we're moving in the right direction. we're going forward. so what we need to do is simple. we need to keep going. we need to keep going forward. we should do everything we can to keep creating good middle- class jobs that help folks rebuild security for their families. [applause] and we should do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we shouldn't do -- i just got to say this -- wh
's amazing were no other cars in the tunnel. that tunnel connects china town and russian hill. it has a 35-mile an hour speed limit. san francisco supervisor said that the police chief told him police are investigating the video. >> i think no mat wore it is its offensive, it violates public safety. >> reporter: the officer involvede mailed us to tell his side of the story and he said he wasn't driving 100 miles an hour and that he was not drunk. he said my biggest mistake was putting this video on facebook. this was meant to be between friends, i find it upsetting that someone would put the time and energy into finding a three month old innocent video and alert the media to its presence, drawing a line from innocent fun to police misconduct. that posting of that video has been removed and apparently a police investigation now underway. >> thank you. time is now 7:33. police in san leandro searching for the man who stole a truck and then crashed into a fence. it was stolen from the sheet worker's union building last night about 8:15. a gps system in the truck helped the police find it. i
at very low interest rates. substitute the words the united states and greece, and china to germany and you have a world scale, the problem in the united states. the problem in the whole world. but let me just, following those comments, you know, you've got a single moment. [inaudible] decided to they want more unity or less. because the euro cannot survive unless they have more sense of some kind of central control. more sense of discipline before the crisis. which means some kind of limits on fiscal policy, but one thing, but it goes on fiscal policy. spain had a pretty good fiscal policy. they kept borrowing money to build houses. so we've got to have some kind of oversight of economic policy as part of the price of being in the union. they wanted -- [inaudible] monetary union without the economic union. doesn't work. so the proposals are out there, and i think they basically want to move towards more economic union. a lot of debate, a lot of reluctance. i think they're going to do in the end but this is something you can do overnight. but the fact they're willing to look at is a
currently not on-line. >> critics say the conference raises a specter of china and russia replacing innovation and openness with sensorship. and while the u.n maintains this is not about controlling the web. analysts say the conference appears to be a steady part of the drip drip that under cuts free do. in washington, fox news. >>> tragedy overshadowing the duchess of cambridge's baby joy. we now have a picture of the british nurse who is believed to have taken her own life following a senseless phone call prank. plus what the royal couple is now saying about the nurse. >> the wrapping sensation is apologizing for a tirade he has made against the u.s. >> and fiscal fighting. the holdup on the on going budget talks and why lawmakers say they are getting frustrated with the white house. >> there are a lot of things that are possible to put the revenue on the table. none will be possible. the president insists on his position. insists on my way or the highway. >>> he may be known for "gagnan style" but now he is apologizing for lyrics earlier in his career. it talks about killing fami
can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy is rebounding more than expected. >> the exports. >> yeah. >> among the catalyst in asia trading today, economic stats out of china. export growths slowed sharply to 2.9% in december. that news j underscores the global headwinds dragging on the economy. but the chinese economy is showing solid signs of a pick up in domestic activity. industrial output was stronger than expected. the country has been saying for years it needs to shift a little bit from the export model the internal consumption. let their middle class grow and not be nearly as dependent on exports. and china's oil demand in november surpassed 10 million barrels per day for the first time ever. the country's crude imports rose to the second highest daily rate on record. analysts say this is further evidence of the chinese recover. and i saw this story on -- every once in a while i check tweeting. >> i saw it on google, too. kayla tausche reporting -- >> kayla beat nick dunn. >> nick dunn was quoting kayla. >>
lessons in your book -- this may sound like a stretch, the people who live in china. i mean, this government's, it is -- you know, i don't know whether you call it -- certainly there is not the openness. well would you say to the leaders of china about there future? >> well, i would start by saying that the chinese leaders have drawn lessons from the story. the chinese leaders know this piece of history. of course, there's a similar time in their own history. and they also have studied very carefully the 80's in the end of the soviet union. and one of the decisions that they have made based on studying this piece of history is, they have made contemporary china less totalitarian in the sense that they do make people march in parades and they have abandon ideology in the sense of making people repeat things they don't believe in. and the pressures they put on people are coming in that sense, less. it is a much more subtle system where you are allowed to say some things in some context, but not others. you can talk about corruption, but you may be cannot criticize the party di
with china as they grow. got to deal with the terrorists, and we've got to manage the circumstances in the middle east. so people in washington and the foreign affairs business are going to be very, very busy. iran, syria, israel, the palestinians, a new constitution in egypt, and all around the periphery of the middle east there are still terrorist elements. and there's a problem in north africa with terrorists. >> and i was also going to add to the conversation north korea. >> that's right. >> you heard the news today, they say they have a missile that could potentially reach the united states. of course it could be weaponized. what's your reaction to that? >> well, we've known this was coming for a long time and we have a missile defense program, a rudimentary program, but it's been in place, put it in place several years ago, and it's designed specifically to handle this. actually we're ahead on that. but they've been relentless bad boys. no matter how difficult their domestic situation is, they've always seemed to find the resources to military power and threatening neighbors a
business as usual with china and goes into panama december 1989. the american people loved it it was our backyard. me noriega was the news dahlin. and that is another untold story. and with the doctor of the photos it breaks my heart personally send a the veteran we don't take advantage of the possibilities with the soviet union reprivatize with russia and then 43, and it is natalie squandered but it is heartbreaking during that period. >> it is a lost opportunity. i agree. >> march 5, 1953 when stalin died the soviet leader's reach out to the united states at that point* but eisenhower had a great speech but then dallas refutes it then they take a hard-line. >> we had a lot of chances.
on the campaign trail the president talked about an unlimited credit card from china. i don't think that -- >> actually, mr. mcconnell proposed himself the idea with congress and the role of the debt ceiling. >> i think that's just crazy. >> ken, well let me ask you this. >> you should take that up with mitch mcconnell. >> you brought in the debt ceiling and that was something in the president's initial offer, this idea that we take the raising of the debt ceiling. we take that power away from congress. what's wrong with that? it would seem to a lot of folks that would be one way to avoid this seemingly constant threat of hijacking the government. >> put us on a very slippery slope towards the plight of greece and spain and others who basically don't have that check. this whole notion of unlimited credit card is just pure poppycock and it's something that only can be dreamed of as a fiscally responsible thing in washington, d.c. >> but, you know, you still have a process and procedure in terms of the budget where the president proposes a budget and congress is playing a much more si
. this is "hardball," the place for politics. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> what's a few billion dollars among friends? anyway, last month republican senator marco rubio punted on the question of how old the earth is, calling it a great mystery.
were running congress when we had a like nafta, china's most favorite nation status, the jvc, the world trade organization. all these trade deals people claim were going to bring jobs to the united states and in every case, the jobs left.
jimmy carter is in china this week where today he met with the new communist leader to discuss a wide range of controversial chinese policies. with him, of course, roseland carter as well. >>> in pakistan hundreds of students rallied against naming a college against malala, the activist school girl that was shot by a taliban gunman in october. according to pakistani government officials, students are concerned that naming the college after malala will cause a security threat to them. >>> in oregon today officials say that jacob tyler roberts, the 22-year-old gunman who killed two people and seriously wounded a 15-year-old girl before taking his own life in an oregon mall on tuesday knew none of his victims. police say that roberts acted alone, using a semi-automatic rifle that he had stolen the day before. the day before the shooting rampage at that crowded mall. roberts had no significant criminal record. authorities said other than a few speeding tickets. >>> that tragedy in oregon is only the latest in a series of mass shugts, and people ask could tighter gun laws have prevented th
to america. right now china is the leading country. russia is certainly in the top 5 with over 700,000 orphans in that country. there's certainly plenty of children who need a loving family here in the united states. >> suarez: how about that side of the story. unicef estimate there is's only about 18,000 russian families looking to adopt children. that's a disproportionate number considering the need for new homes. >> it is. last year alone here in america there were a thousand children adopted from russia. there are many american families, many of whom right now are in the process of adopting these children that are willing, ready, and able to adopt these kids, some of which have severe special needs. so it speaks to the heart of these american families that are willing to adopt these kids and bring them home. the. >> suarez: but there have been unfortunate stories that have gotten a lot of attention here in the united states and back in russia >> does that make things more difficult for your organization and others that are watching international adoptions? >> sure, well, i thin
Search Results 64 to 100 of about 117 (some duplicates have been removed)